09.07.2024 07:30:31 - dpa-AFX: EQS-News: The NAGA Group AG successfully clears all necessary regulatory approvals for merger with trading app CAPEX.com (english)

The NAGA Group AG successfully clears all necessary regulatory approvals for
merger with trading app CAPEX.com

EQS-News: The NAGA Group AG / Key word(s): Merger
The NAGA Group AG successfully clears all necessary regulatory approvals for
merger with trading app CAPEX.com

09.07.2024 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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The NAGA Group AG successfully clears all necessary regulatory approvals for
merger with trading app CAPEX.com

Hamburg, 9 July 2024 - The NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7),
provider of the all-in-one financial SuperApp NAGA, has successfully cleared
all necessary regulatory approvals to merge with Key Way Group Ltd.,
operating under the CAPEX.com brand.

As a result, the resolution of the Extraordinary General Meeting held on 12
April 2024 will be implemented. NAGA expects the transaction to be completed
by the end of August 2024.The merger of NAGA and CAPEX.com forms one of the
world's leading neo-brokers with around 1.5 million users in more than 100
countries.

Octavian Patrascu, CEO of The NAGA Group AG: "With the approval of the
merger by the competent regulatory authorities and the associated consent to
our plans for the two companies, we have reached a strategic milestone for
the future growth of NAGA. I am very much looking forward to further
developing the joint company and setting new standards in our industry."

Invitation to the 2024 Capital Markets Day

The NAGA Group AG cordially invites analysts, investors, shareholders as
well as media and partners to virtually join its Capital Markets Day on 11
July 2024, 16.00 CEST. The 2024 Capital Markets Day will provide valuable
insights into the strategic vision and growth ambitions of the NAGA Group.

Octavian Patrascu, CEO of The NAGA Group appointed in January, will host the
Virtual 2024 Capital Markets Day and elaborate on the Company's latest
achievements, its plans for the future, and the innovative path the Group is
forging.

To register for the Virtual 2024 Capital Markets Day, please click here.

Following the event, information will be made available in the Investor
Relations section of the company's website, which can be found here. This
will include a PDF file with the presentation, a full recording of the live
event, and additional supporting materials.

About NAGA

NAGA is a leading German Fintech Company offering a SuperApp with the aim to
merge social trading, investing in stocks, crypto, and neo banking into one
unified platform, powered by its proprietary advanced technology. Operating
in over 100 countries with 9 local offices, NAGA offers a diverse range of
services for both fiat and cryptocurrencies. The platform features a
physical VISA card with fiat and automatic crypto conversion plus cashback,
dynamic social feeds, and advanced autocopy functions, enabling users to
replicate the strategies of successful traders. Designed for a global
community, NAGA provides an inclusive and efficient financial ecosystem for
personal finance and trading.

Investor Relations Contact

The NAGA Group AG
Michael Milonas
Co-Founder and Deputy CEO
ir@naga.com


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09.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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   Language:       English
   Company:        The NAGA Group AG
                   Hohe Bleichen 12
                   20354 Hamburg
                   Germany
   E-mail:         info@naga.com
   Internet:       www.naga.com
   ISIN:           DE000A161NR7
   WKN:            A161NR
   Indices:        Scale 30
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt (Basic Board), Hamburg, Munich, Stuttgart,
                   Tradegate Exchange
   EQS News ID:    1941501




End of News EQS News Service
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1941501 09.07.2024 CET/CEST
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
THE NAGA GROUP AG NA O.N. A161NR Xetra 0,768 22.07.24 09:19:52 +0,028 +3,78% 0,738 0,774 0,750 0,740

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